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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Afternoon Energy Market Briefing for Bakken Wire Wednesday, August 12, 2026

1. Headlines

Oil prices are retreating slightly today despite a flurry of bullish supply disruptions. As of this afternoon, WTI is trading at $82.61, down 0.71%, with Brent at $88.41, down 0.56%. The Bakken differential stands at -$3.42 vs. WTI. The modest dip comes even as multiple sources report significant pressure on global fuel supplies. According to OilPrice.com, diesel prices surged sharply this week following new Ukrainian drone attacks on Russian refineries and a Houthi attack on a Saudi facility. Reuters data cited in the report shows U.S. diesel futures rose 7.4% on Monday.

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